2-bedroom house · CO1 2UT
Listing removedReduced £75 (−7.5%) on 31 JulListed 128 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Viewing is highly recommended on this two bedroom house close to the centre of Colchester. The property consists of lounge, fitted kitchen, two bedrooms and upstairs bathroom.
Available mid Sept, pets considered Entrance Door Lounge (3.51m x 3.4m) Double glazed window to front asepct, brick exposed fireplace, radiator.
Kitchen (3.51m x 2.36m) Double glazed window and door to rear aspect. Range of base and eye level units, electric oven, hob and extractor. Plumber for washing machine, integral fridge.
Stairs To First Floor Bedroom One (3.58m x 3.05m) Double glazed window to front aspect, radiator Bedroom Two (2.74m x 1.83m) Double glazed window to rear aspect, radiator.
Bathroom Bath with shower mixer tap, low level WC, hand basin, heated towel rail, extractor fan. Outside To the rear there is a garden with pedestrian access.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 61, Brook Street, Colchester
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